Looking for information about your firm's panel status?
Suffolk Building Society Solicitor Panel Assistance:
What are the Suffolk Building Society conveyancing panel arrangements?
Unlike the CML the Building Society Mortgage Instructions deal with this. Section A.12 states ‘In order to act on our behalf your firm or company must be a member of our conveyancing panel provided we are a society that operates one – see specific requirements for details of our arrangements.
The Special Requirements state:
The Society operates a Conveyancing Panel and in order for Firms to act for the Society you must be appointed to this panel. To be appointed to the panel you should apply at:-
www.lms.com/lenderpanels
You must also comply with the terms and conditions of your Suffolk Building Society solicitor panel appointment.
Are Suffolk Building Society Conveyancing panel solicitors exposed to the possibility of the society amending or withdrawing the mortgage?
Suffolk Building Society addresses this at section B.3 of their BSA specific requirements which states:
The Society will consider the value of the cashback or incentive against the proposed loan to value in order to make a decision whether to amend or withdraw the Mortgage Offer
Can my firm register a complaint to the BSA about being removed excluded suspended from the Suffolk Building Society conveyancing panel?
The BSA is an association rather than a regulator and therefore do not advise on grievances against lenders. You can of course contact us to see if we can assist.
Will the fact that my practice has signed up to LENDERmonitor Alerts assist in my application to join the Suffolk Building Society conveyancing panel?
The requirements to join the Suffolk Building Society conveyancing panel is likely to be fairly detailed and is unlikely to include signing up to LENDERmonitor alerts.
Will the fact that my practice has signed up to LENDERmonitor Alerts assist in my application to join the Suffolk Building Society conveyancing panel?
The requirements to join the Suffolk Building Society conveyancing panel is likely to be fairly detailed and is unlikely to include signing up to LENDERmonitor alerts.
A long standing client of my firm is buying a new build house for
£835,250 in Sussex with a mortgage over GBP 415k.
I am on the Suffolk Building Society conveyancing panel but do Suffolk Building Society have a separate approved panel when the advance is above 300,000?
We only know of a couple of lenders that operate a separate approved solicitors panel where the mortgage advance is over a certain level.
You should nevertheless check directly with Suffolk Building Society. At one stage HSBC would only allow Sole practitioners to act for
them where the mortgage was below £150,000. We are not sure if HSBC
still operate such a condition. In your case it is best to check with
Suffolk Building Society
I have been a sole practitioner for nearly 25 years with an exemplary claims record and have been refused acceptance on the Suffolk Building Society conveyancing panel with no explanation. Am I not entitled to a reason?
Participation on the lender's panel of conveyancers is at the absolute
discretion of the the lender. The days of open panels are now long
gone. Many lenders reserve the right to accept or reject any
application without giving any reason. You should check your original
application to join the Suffolk Building Society conveyancing panel
to see if you are entitled to a reason.
What lender panels do you receive the most questions about?
BSA lenders do not come within the top 20 lenders in terms of
frequency of questions. The most popular lender panels in terms of
questions are as follows:
Find a Lawyer on the Suffolk Building Society Conveyancing Panel
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Average number of days to register title including a charge in favour of Suffolk Building Society
This information relates to purchase only and not remortgages.
| Year | Days* |
|---|---|
| 2026 | [no data] |
| 2025 | [no data] |
| 2024 | [no data] |
| 2023 | [no data] |
| 2022 | [no data] |
| 2021 | [no data] |
* Data aggregated from sources including COMPLETIONmonitor
Other related topics:
- CQS policy templates and procedures for accredited Suffolk Building Society Firms
- Draft Report on Title precedent for Suffolk Building Society borrowers
- Draft Anti Money Laundering PolicyTemplate for Suffolk Building Society panel firms to consider
- Dealing with Lender Policy Template panel for CQS accredited firms on the Suffolk Building Society lender panel
- Buy-to-Let help for Suffolk Building Society
- Consent-to-Let help for Suffolk Building Society
- Contractor Mortgages with Suffolk Building Society
